Buyout (LBO, MBO, MBI) • Energy Services and Equipment

MPE Partners Acquires DIG

On January 28, 2025, private equity firm MPE Partners acquired energy services and equipment company DIG

Acquisition Context
  • This is MPE Partners’ 2nd transaction in the Energy Services and Equipment sector.
  • This is MPE Partners’ 83rd transaction in the United States.
  • This is MPE Partners’ 11th transaction in Ohio.

Explore All 659 Buyout (LBO, MBO, MBI) Energy Services and Equipment Deals - Search the Database Free


M&A Deal Summary

Date January 28, 2025
Target DIG
Sector Energy Services and Equipment
Buyer(s) MPE Partners
Deal Type Buyout (LBO, MBO, MBI)

Target Company

DIG

Columbus, Ohio, United States
DIG provider of critical repair, replacement, and maintenance services for utility customers across the gas, electrical, telecommunications, and water end markets. DIG is based in Columbus, Ohio.
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Buyer Overview 1

Buyer

MPE Partners

Cleveland, Ohio, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1968
PE ASSETS 3.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

MPE Partners is a Midwest based investment firm principally focused private equity investments throughout North America. MPE has a preference for buyouts and recapitalizations of lower middle-market, family and entrepreneur owned businesses. The Firm looks for stand-alone companies operating in the 'high-value' manufacturing or business services sectors. MPE seeks businesses with at least $5 million of EBITDA and valued up to $250 million. MPE Partners is headquartered in Cleveland, Ohio.


Deal Context for Buyer #
Overall 86 of 89
Sector: Energy Services and Equipment 2 of 2
Type: Buyout (LBO, MBO, MBI) 8 of 8
State: Ohio 11 of 13
Country: United States 83 of 86
Year: 2025 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-28 Precision

Lancaster, Ohio, United States

Precision provides repair, replacement, and maintenance services for utility customers across the gas, electrical, telecommunications, and water end markets. The company offers horizontal directional drilling, excavation, hydrovac operations, utility locating and verification, video camera line inspection, GPS mapping, and other underground solutions. It has a core focus on (i) replacement of leak-prone natural gas distribution pipelines and (ii) installation of telecommunications infrastructure to protect and secure the electrical grid. Precision is based in Lancaster, Ohio.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-04-23 Intermatic

Libertyville, Illinois, United States

Intermatic is a manufacturer of lighting control and energy management solutions for electrical, pool and spa, HVAC/R and OEM markets. Intermatic values ensure quality products, technical expertise and attentive service. Intermatic is based in Libertyville, Illinois.

Buy -